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Federal Trade Commission Approves Final Order Imposing Conditions on Construction Company CRH plc

Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Dublin, Ireland-based construction company CRH plc’s $3.5 billion acquisition of its Kansas-based competitor Ash Grove Cement Company likely would be anticompetitive.

Under the terms of the settlement, CRH is required to divest cement assets in Montana to Grupo Cementos de Chihuahua SAB de CV, sand and gravel assets in Nebraska to Martin Marietta Materials, Inc., and crushed limestone assets in Kansas to Summit Materials, Inc.

The Commission vote approving the final order was 5-0. (The staff contact is Elyssa Wenzel, Bureau of Competition, 202-326-2417.)

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